Hovering at Set ATH, Who Will Hit $100 First — SOL vs AXS PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Hovering at Set ATH, Who Will Hit $100 First — SOL vs AXS


Hovering at Set ATH, Who Will Hit $100 First — SOL vs AXS
  • DeFi and blockchain gaming assets continue to see a lot of growth this quarter.
  • In particular, Solana (SOL) and AXIE Infinity (AXS) are both close to breaking their set ATHs.
  • Breaking: SOL broke its previous ATH during the time of writing.

It seems that the world of crypto is seeing intense competition between a boom in DeFi tokens and blockchain gaming tokens. Over the last year, we saw rapid growth with DeFi platforms and their tokens. Now it seems that the blockchain gaming sector is taking the lead.

Although, some investors, traders, and analysts still believe that another DeFi boom is just around the corner. Who’s to say, both sectors might continue to soar high together. To highlight, the DeFi and blockchain gaming surge are all in thanks to the growing competition between the many existing and rising blockchain networks.

For instance, Ethereum was the sole proprietor for blockchain games and DeFi applications just a while ago. Now, developers have the option to choose from a variety of blockchains. One such blockchain is the Solana network.  

With its growing popularity, there is no doubt that the price of Solana (SOL) will continue to rise. Another rising star is the popular Ethereum-based blockchain game — Axie Infinity (AXS). The price of both these assets has been on the rise over the past few weeks. Both are currently at the $70 mark. Which one is more likely to hit $100 first?

Read Also: Axie Infinity (AXS) Price Prediction

At the time of writing, according to CoinGecko, the price of both Solana (SOL) and Axie Infinity (AXS) are nearing their last set all-time high. At the moment, the price of SOL is up by 8.7% and continues to show bullish signs. Meanwhile, the price of AXS is up by 3.3% and is also showing bullish signs.

At this rate, both cryptos can easily surge until they booth break their current recorded all-time high. Specifically, Solana is at rank 10 by the total market cap and stands at $76.16. This just beat its record ATH of $74.08 set yesterday. On the other hand, AXS is at rank 38 by the total market cap and stands at $72.42. It’s set all ATH is $80.76.      

Source: https://coinquora.com/hovering-at-set-ath-who-will-hit-100-first-sol-vs-axs/

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